A little... the accounting rules leave things open for management to do as they see fit, which means an optimistic management team can really get the company into trouble.
@Pioupiou - really appreciate the responses. I'm still thinking about it, but chances are I'll stay away from any PDL purchasers simply because I have no real view of expected PDL collections, only those of management.
PDL Accounting, page-12
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Last
$17.72 |
Change
-0.180(1.01%) |
Mkt cap ! $1.222B | |||
| Open | High | Low | Value | Volume |
| $18.05 | $18.17 | $17.71 | $368.6K | 20.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 98 | $17.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.73 | 89 | 7 |
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| CCP (ASX) Chart |